According to S&P Global, the HSBC India services PMI rose to a four-month high of 59.3 in December from 58.4 the previous month.
Buoyant underlying demand was identified by companies as the primary factor behind output growth. Not only did new orders increase for the forty-first month in a row, but also to the greatest extent since August 2024, said S&P Global. "In some instances, survey members indicated that recent efforts to expand capacities allowed them to accept more work," it said.
Denne historien er fra January 07, 2025-utgaven av Financial Express Chennai.
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Denne historien er fra January 07, 2025-utgaven av Financial Express Chennai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Trump comeback: Honda to go slow on new EVs
HONDA MOTOR WILL be cautious about starting production of new electric vehicles due to uncertainty about US President-elect Donald Trump's industrial policy, a senior executive of the Japanese automaker said on Tuesday.
Bid for 2036 Olympics takes pan-India route
● Bhubaneswar, Bhopal, Pune to join Ahmedabad
Flying taxis are on the horizon
Taking Commuting To New Heights
Modest Q3 on the cards for India Inc
While sales of automobiles are believed to have been hurt by an inferior product mix and bigger discounts in December, banks have done less business as reflected in the slower credit growth.
Pritish Nandy dies at 73
Veteran journalist, poet and filmmaker Pritish Nandy passed away in Mumbai on Wednesday, sources close to him said.
Foxconn, Dixon Urge Govt to Pay ₹700 Cr in Pending PLI Subsidies
The government is reviewing the two requests, the people said.
India seeks NRI participation in 'Viksit Bharat'
THE 18TH PRAVASI Bharatiya Divas (PBD) convention kicked off here on Wednesday, with external affairs minister S Jaishankar calling upon NRIs and Persons of Indian Origin to actively participate in the quest for a 'viksit Bharat' (developed India).
Oil pares gains on dollar strength
OIL PRICES TRIMMED earlier gains on Wednesday as the dollar strengthened but continued to find support from a tightening of supplies from Russia and other OPEC members and a drop in US crude stocks.
Searching for global relevance
GCCs focus on skills-based hiring for growth
A power distribution poser
EACH CASE OF PRIVATISATION HAS BEEN A LESSON FOR THE NEXT
